Neuland Laboratories standalone net profit declines 45.20% in the March 2018 quarter

Sales rise 15.14% to Rs 160.23 crore

Net profit of Neuland Laboratories declined 45.20% to Rs 8.05 crore in the quarter ended March 2018 as against Rs 14.69 crore during the previous quarter ended March 2017. Sales rose 15.14% to Rs 160.23 crore in the quarter ended March 2018 as against Rs 139.16 crore during the previous quarter ended March 2017.

For the full year,net profit declined 74.54% to Rs 11.81 crore in the year ended March 2018 as against Rs 46.38 crore during the previous year ended March 2017. Sales declined 8.89% to Rs 527.41 crore in the year ended March 2018 as against Rs 578.89 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales160.23139.16 15 527.41578.89 -9 OPM %11.7320.44 -9.4918.26 - PBDT14.2023.74 -40 35.6485.78 -58 PBT8.5918.67 -54 13.5466.55 -80 NP8.0514.69 -45 11.8146.38 -75

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